Amprius Technologies (NYSE:AMPX) Shares Down 1.8% – What’s Next?

Shares of Amprius Technologies, Inc. (NYSE:AMPX) traded down 1.8% on Wednesday . The company traded as low as $13.13 and last traded at $13.6090. Approximately 7,254,289 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 8,817,063 shares. The stock had previously closed at $13.86.

Wall Street Analysts Forecast Growth

AMPX has been the topic of a number of research analyst reports. Wall Street Zen downgraded Amprius Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Clear Str started coverage on Amprius Technologies in a report on Tuesday, June 2nd. They set a “strong-buy” rating and a $33.00 price objective for the company. Weiss Ratings restated a “sell (e+)” rating on shares of Amprius Technologies in a research note on Monday, April 20th. William Blair reaffirmed an “outperform” rating on shares of Amprius Technologies in a research report on Friday, March 6th. Finally, B. Riley Financial upped their price target on Amprius Technologies from $16.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.67.

Amprius Technologies Stock Performance

The stock’s 50 day moving average is $17.87 and its 200 day moving average is $14.64. The company has a market capitalization of $1.93 billion, a PE ratio of -45.36 and a beta of 2.12.

Amprius Technologies (NYSE:AMPX) last issued its earnings results on Wednesday, May 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). Amprius Technologies had a negative net margin of 43.98% and a negative return on equity of 17.48%. The business had revenue of $28.54 million for the quarter, compared to the consensus estimate of $25.72 million. Amprius Technologies has set its FY 2026 guidance at –0.060 EPS. On average, equities research analysts forecast that Amprius Technologies, Inc. will post -0.07 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Donald R. Dixon sold 85,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $17.17, for a total transaction of $1,459,450.00. Following the sale, the director directly owned 359,380 shares in the company, valued at approximately $6,170,554.60. The trade was a 19.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kang Sun sold 67,796 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $14.79, for a total value of $1,002,702.84. Following the sale, the director directly owned 1,280,854 shares in the company, valued at $18,943,830.66. This trade represents a 5.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 310,144 shares of company stock valued at $5,049,997 in the last ninety days. 5.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Amprius Technologies

Large investors have recently modified their holdings of the company. KBC Group NV purchased a new position in Amprius Technologies during the first quarter valued at approximately $57,000. Quarry LP purchased a new stake in Amprius Technologies in the 3rd quarter worth approximately $42,000. Parallel Advisors LLC purchased a new stake in Amprius Technologies in the 3rd quarter worth approximately $54,000. Leonteq Securities AG bought a new position in Amprius Technologies in the 4th quarter valued at $47,000. Finally, State of Wyoming boosted its holdings in Amprius Technologies by 155.2% in the 1st quarter. State of Wyoming now owns 6,041 shares of the company’s stock valued at $102,000 after purchasing an additional 3,674 shares during the period. 5.04% of the stock is currently owned by institutional investors.

Amprius Technologies Company Profile

Amprius Technologies, Inc (NYSE: AMPX) is a U.S.-based developer of high-energy-density lithium-ion batteries that leverage silicon anode technology to deliver performance levels beyond conventional graphite-based cells. The company’s batteries are designed to offer industry-leading gravimetric energy density, enabling longer run times and reduced weight for portable power applications. Amprius blends advanced materials science and scalable manufacturing processes to commercialize next-generation battery solutions.

At the core of Amprius’ product portfolio are cylindrical and prismatic cells that employ a proprietary silicon nanowire anode, which supports high charge/discharge rates while maintaining cycle life.